Egypt’s Minister of Trade and Industry Ahmed Samir met with his Bulgarian counterpart Bogdan Bogdanov and his delegation to discuss ways to enhance trade and industry cooperation and attract Bulgarian investments to the Egyptian market. Samir said that there are great opportunities for Bulgarian companies in areas of strategic importance to both countries, such as automotive components, artificial intelligence, tourism, petrochemicals, and pharmaceuticals. The minister emphasized the need to form a joint Egyptian-Bulgarian Business Council to advance and develop investment cooperation and increase the volume of economic cooperation. Samir also said that the Egyptian government is keen to strengthen bilateral relations with Bulgaria, which is one of Egypt’s most important economic partners in the European Union. Bogdanov, the Bulgarian Minister of Economy and Industry, expressed his country’s interest in strengthening ties and cooperation with Egypt, which is one of the pivotal countries in the Middle East and Africa region.
